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Wealth acquisition and distribution?

Kfox

Well-Known Member
Ok, let's say few banking dynasties (6-7) manage to own the 100% of the lands in the United States.
How can someone own something in the US, if all the lands are already taken?
Banking dynasties buying up all the land? What is it; the 1700's? Let's talk about today's economy; why shouldn't people be allowed to create and attain unlimited wealth? (meaning the type of wealth that is generally created today)
 

Estro Felino

Believer in free will
Premium Member
Banking dynasties buying up all the land? What is it; the 1700's? Let's talk about today's economy; why shouldn't people be allowed to create and attain unlimited wealth? (meaning the type of wealth that is generally created today)
Money is a tool.
It's not an end. The end to attain absolute power.
It's a tool that circulates in a restless circuit.
If there is "leak" and enormous quantities of money flows away from the monetary circuit, there are disastrous consequences: social inequalities, unemployment, injustice.

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Estro Felino

Believer in free will
Premium Member
Banking dynasties buying up all the land? What is it; the 1700's? Let's talk about today's economy; why shouldn't people be allowed to create and attain unlimited wealth? (meaning the type of wealth that is generally created today)
Also because we are mortals. People will have to abandon their own riches.
Immortality doesn't exist,
So is it worth it to get richer at cost of the neighbor's poverty?
 

Kfox

Well-Known Member
Money is a tool.
It's not an end. The end to attain absolute power.
It's a tool that circulates in a restless circuit.
If there is "leak" and enormous quantities of money flows away from the monetary circuit, there are disastrous consequences: social inequalities, unemployment, injustice.
I’m not talking about money, I’m talking about wealth. Using the analogy from before, if a person invests all of his money into various companies, and those companies use his money to make payroll, open new businesses, hire new people, research and development, etc. etc. and he attains lots of wealth in the process, why is this a bad thing in your view?
 

Kfox

Well-Known Member
Also because we are mortals. People will have to abandon their own riches.
Immortality doesn't exist,
So is it worth it to get richer at cost of the neighbor's poverty?
In today's economy, how does a person get rich off of his neighbors poverty? Can you give any examples of this happening?
 

Estro Felino

Believer in free will
Premium Member
I’m not talking about money, I’m talking about wealth. Using the analogy from before, if a person invests all of his money into various companies, and those companies use his money to make payroll, open new businesses, hire new people, research and development, etc. etc. and he attains lots of wealth in the process, why is this a bad thing in your view?
It's an absolutely wonderful thing.
I am happy if people are billionaires and create wealth.
What some billionaires don't understand is that from big power come big responsibilities. So they should help the State make ownership something that all can afford. So that everyone gains according to their own merits.
Socialism is about meritocracy.

Capitalism destroys meritocracy because it gives power to meritless people who often inherit their wealth.
 

RestlessSoul

Well-Known Member
Banking dynasties buying up all the land? What is it; the 1700's? Let's talk about today's economy; why shouldn't people be allowed to create and attain unlimited wealth? (meaning the type of wealth that is generally created today)


You think today’s economy is somehow detached from the past? And that yesterday’s wealth distribution has no impact on today’s?

Wealth always comes at a cost. The idea that anyone can acquire “unlimited wealth” without this impacting on everyone and everything around him is an absurdity.
 

Estro Felino

Believer in free will
Premium Member
It was a reaction to the word "envy".
Stop using "envy" and I'll stop using "greed".
Prince John (In Robin Hood) too used to say that his subjects were envious of him and his riches.
That's incredibly laughable.
 

RestlessSoul

Well-Known Member
It was a reaction to the word "envy".
Stop using "envy" and I'll stop using "greed".


Greed and envy are two sides of the same coin really. It's no coincidence that both are numbered among the seven deadly sins; both arise out of disatisfaction, and will rob a person of their peace of mind.
 

PureX

Veteran Member
But doesn't greed get things done?
Murder and rape "get things done". The question is what does greed get done? And what do we actually need to be doing?

Centuries of capitalist lies and propaganda have convinced a whole culture that greed is "ambition". And that ambition moves the world forward. But greed is just greed. It is not ambition. And capitalism is a system based on promoting and serving greed, not ambition.

Greed is parasitic. It seeks more than it gives, and deserves, from everyone and everything around it. And no matter how much it gets, it will never get enough, because it's pathological. Greed cannot be satiated. This is why capitalism MUST be controlled and the greed it enables and fosters severely limited. Keep in mind that the goal of human enterprise should be to serve all those it effects. And NOT just the greedy most ambitious few. Capitalism flies in the face of that goal by giving total control over human enterprise to the owner/investor (the moneyed elite), which then inevitably use it to exploit everything and everyone else for a maximum profitable return of their investment ... and that's greed. It's economic parasitism. It's exploitation and abuse. These are the inevitable results of capitalism. So yes, greed gets things done. But they are not things anyone but the greedy among us want to see done.
 
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Revoltingest

Pragmatic Libertarian
Premium Member
Presumably an altruist who forced others to work gratis...aka slavery...or give up property would not be an altruist.
Is this the No True Altruist Fallacy?
I'll wager that they even put sugar on their porridge.

One could say that a truly greedy person honors
the rights of others so that one isn't attacked & robbed.
 

Estro Felino

Believer in free will
Premium Member
Greed and envy are two sides of the same coin really. It's no coincidence that both are numbered among the seven deadly sins; both arise out of dissatisfaction, and will rob a person of their peace of mind.
The problem is that the poor don't want to become as rich as billionaires.
They want a just economic system where they can earn the minimum they need to buy an apartment. They are content with very little.
It's not normal that in the US very few people dynasties own all the land and pieces of property whereas most people own nothing.
 

Revoltingest

Pragmatic Libertarian
Premium Member
The problem is that the poor don't want to become as rich as billionaires.
They want a just economic system where they can earn the minimum they need to buy an apartment. They are content with very little.
You speak for all the poor now, eh.
And for the wealthy, and for the
bankers, and for Ameristanians, etc.
 

Estro Felino

Believer in free will
Premium Member
You speak for all the poor now, eh.
And for the wealthy, and for the
bankers, and for Ameristanians, etc.
What is the State?
What is the State (or as you Americans call it, the Government) for?

I give you an example. I and my neighbor manage a feline colony. These cats are sterilized thanks to the vets we know, friends of ours. We feed them, we keep them in a safe space.
So they cannot mate and become too many: the fewer, the better, so we can take care of the existing ones, as much as we can.

We are the Government for those cats.
Without us, they would be lost. Prey of dogs, or worse, run over by a fast-driving car.

Do you affirm that the Government is useless? (I see that signature of yours, Bonjour finesse :) )
 

Revoltingest

Pragmatic Libertarian
Premium Member
What is the State?
What is the State (or as you Americans call it, the Government) for?
Big questions that appear irrelevant.
Are you just trying to wear me out
answering a fusillade of queries?
I give you an example. I and my neighbor manage a feline colony. These cats are sterilized thanks to the vets we know, friends of ours. We feed them, we keep them in a safe space.
So they cannot mate and become too many: the fewer, the better, so we can take care of the existing ones, as much as we can.

We are the Government for those cats.
Without us, they would be lost. Prey of dogs, or worse, run over by a fast-driving car.

Do you affirm that the Government is useless? (I see that signature of yours, Bonjour finesse :) )
Your question is disingenuous. You know
that I've oft elaborated what functions
government should perform.
 

PureX

Veteran Member
The problem is that the poor don't want to become as rich as billionaires.
They want a just economic system where they can earn the minimum they need to buy an apartment. They are content with very little.
It's not normal that in the US very few people dynasties own all the land and pieces of property whereas most people own nothing.
The real problem is that these people you speak of are "sheep" that allow the more greedy and aggressive among them to gain positions of power and abuse. Every civilization in history has fallen either to it's own greed and stupidity, or to the aggressive greed and stupidity of it's neighbors. Because we humans keep allowing the worst among us to gain positions of leadership. And if we don't learn to stop doing this, we will soon destroy ourselves completely because science has given these criminal "leaders" the ability to destroy everything.

And yet there's your hero Putin in Russia, waging war with the world for the sake of his ego, and here is the criminal thief and rapist Donald Trump in the US intent on destroying the US government to create a dictatorship. And each of them with millions of loyal supporters.
 
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